Apple’s iPhone Woes are Over, But are AAPL Shares Really out of the Woods?
A top equities analyst, drawing on his knowledge of the company’s suppliers, predicts “limited downside risks” for Apple’s share price. He follows Morgan Stanley’s sentiment last week that the worst could now be over for the tech giant’s stock. Ming-Chi Kuo Says Q2 iPhone Results Will Beat Expectations Ming-Chi Kuo is an analyst with TF International Securities. According to CNBC, he says there are now: Limited downside risks for Apple and iPhone suppliers’ share prices. He added that iPhone shipments in the second quarter of 2019 will outperform market consensus, though Apple may still see a year-on-year fall in iPhone
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Posted by Melanie Kramer on January 28, 2019 @ https://www.ccn.com/apples-iphone-woes-are-over-but-are-aapl-shares-really-out-of-the-woods/